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I've not used MoneyGram in many years, but as I recall the friction is account set-up, authentication and funding the transation --> authentication and account
by rrggrr 9y ago
I've not used MoneyGram in many years, but as I recall the friction is account set-up, authentication and funding the transation --> authentication and account set-up to receive funds. I don't think Ripple removes those choke points.
- free-trampolin 9y agoRipple is not necessarily targeted at end consumers. In some cases you may notice lower fees and faster transactions, however, they are targeting banks and payment providers.
- cheeseandpickle 9y agoOf course that’s user experience which is handled by MoneyGram. KYC is also a necessity. Ripple reduces cost and settlement time which means the end user get as cheaper service where the money is delivered to his/her account MUCH quicker